US Stock Market Move | ASE Technology Holding Co., Ltd. Sponsored ADR (ASX.US) rose more than 5%, investing over 100 billion New Taiwan dollars to build a high-end testing facility.
On Monday, Daylight Semiconductor (ASX.US) surged over 5%, reaching $26.23.
On Monday, ASE Technology Holding Co., Ltd. Sponsored ADR (ASX.US) rose more than 5% to $26.23. In terms of news, the groundbreaking ceremony for a new factory was held recently in the Renwu Industrial Park in Kaohsiung by Nanya Technology Corporation. The total investment of the factory exceeds NT$108.3 billion, focusing on high-end semiconductor testing services in areas such as AI, high-performance computing, 5G communication, and automotive electronics. The first phase of the factory is scheduled to start operation in April 2027, with the second phase expected to start in October of the same year, with an estimated annual output value of NT$177.3 billion. According to Nanya Technology's COO, Wu Tianyu, 2026 is the year with the largest scale of factory construction for the company, with six new factories expected to start construction globally simultaneously, setting a new record.
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